Waits for Aluminum Still Vex LME

Major Producers Such as Rusal Say Warehouse Wait Times Have Lengthened in Places

By

Laura Clarke

Updated Feb. 11, 2014 1:37 p.m. ET

LONDON—Some of the aluminum industry's biggest hitters are lining up to criticize the London Metal Exchange. Their beef? Getting metal still takes too long.

The 137-year-old bourse, owned by Hong Kong Exchanges & Clearing Ltd., said last week it had shrunk the wait times to get metal out of its network of warehouses, a bone of contention for both buyers and sellers of aluminum.